Sub-division of equity shares of Karnavati Finance Ltd.
Stock sub-division or stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more shares to its existing shareholders.
As per a recent circular, 1 equity share of Karnavati Finance Ltd. (Scrip Code: 538928) will be subdivided into 10 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Karnavati Finance Ltd. | KARNAVATI | 1:10 | 24-Feb | 24-Feb |